1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Deffense [45]
3 years ago
15

In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be he

lpful for society and at least one reason that they may be harmful for society. Then, explain whether you think profit motive is a good thing or a bad thing for society
Business
1 answer:
klemol [59]3 years ago
7 0
Even though that particular business have the motive of increasing profit there would be a lot of benefits that the society will get such as...
Since most of the business are working for profit in the market this create competition among each other this results to a lower price in markets therfore the society can afford to  buy things.

A bad side of such business could be  the monopoly power, if there is no company that produces similar good or service they tend to abuse the consumers by increasing the price of the goods and services they provide as there are no other firms that provide similar goods or services.

You might be interested in
In a competitive market, a computer store offers customers a warranty to help pay for any future damages. This is an example of
Taya2010 [7]

Answer:

The answer is reducing the risks for customers.

Explanation:

Businesses in a competitive market do many things to outshine their competitors. One of such things is offering a warranty to help pay for future damages. A warranty is simply an assurance that the business would be willing to help if a customer experiences challenges from use of the product sold by the business outfit. The business would either get the product fixed or give a new one to the customer with no additional cost.

Customers/consumers love warranty because it gives them full assurance and sense of security. As such, any business which offers warranties on their products would be seen as prepared to help reduce the risk for consumers of ther products.

5 0
3 years ago
When a pizza maker lists the price of a pizza as $10, this is an example of using money as a:
RideAnS [48]

When a pizza maker lists the price of a pizza as $10, this is an example of using money as a unit of account

<h3>What is a unit of account?</h3>

A unit of account is a standard numerical unit of money used for measuring goods and services.

According to the question, the price of the pizza is a unit of account because it was used to measure the price of the goods.

Learn more on unit of account here; brainly.com/question/12730352

#SPJ12

8 0
2 years ago
1) These two fibres can withstand high temperature from iron, high heat of boiling water and can also be dyed.
CaHeK987 [17]

Answer:

This took me a long time to figure out , but I'm pretty sure number 1 is

D) Silk and Wool.

And number 2 is C) Northern Nigeria

Explanation: Hope that's right, sorry if not because for number 1 most of them could be the answer, and for number 2, three  of them could be the answer.‍

5 0
3 years ago
When calculating the afterminustax weighted average cost of capital​ (WACC), which of the following costs is adjusted for taxes
sergey [27]

Answer:

The before-tax cost of debt is adjusted for tax in the computation of weighted average cost of capital.

The correct answer is  D

Explanation:

In the calculation of weighted average cost of capital, the before tax cost of debt is adjusted for tax so as to obtain the after-tax cost of debt. Cost of equity and cost of preferred stocks will not be adjusted for tax.

6 0
3 years ago
Magnira Corp. is an apparel company. After a slow start, it saw a steep rise in its clientele and a remarkable increase in its p
Ierofanga [76]

Answer:

The company must create brand recognition and open new branches to access greater number of customers.

Explanation:

Ofcourse having a brand recognition means that the company is oriented towards developing its image that plays a vital role in making choices and this is only possible if its products are widely available in the market by openning new branches and offering other branches to present your products. This will lead to access of product to greater amount of public and greater the number of people will choose Magnira's products.

8 0
3 years ago
Other questions:
  • "everything else held? constant, if the expected return on u.s. treasury bonds falls from 8 to 7 percent and the expected return
    6·1 answer
  • The auditor should perform tests of controls when the auditor's assessment of the risks of material misstatement includes an exp
    14·1 answer
  • A joint production process at Berry Lane Farm results in two​ products, blackberry syrup and blackberry jam. The following cost
    12·1 answer
  • What do economists call the physical things that firms make (things that can be seen or touched)?
    11·1 answer
  • The team is struggling to agree on the Story point sizing of a new User Story. The Product Owner was previously a related domain
    5·1 answer
  • Matching the characteristics of a product to a customer's needs and wants is called
    9·1 answer
  • A(n) ___________________ is a state-chartered legal entity with authority to act and to have liability separate from its owners.
    11·1 answer
  • Prepare the journal entries to record these transactions on Blossom Company’s books using a periodic inventory system. (If no en
    12·1 answer
  • if the federal reserve decreases the reserve rate from 10% to 8%, how does this affect the amount of money that would result bec
    12·1 answer
  • Statz Company had sales of $1,800,000 and related cost of goods sold of $1,150,000 for its first year of operations ending Decem
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!